Legal Services Industry
You need a partner that can help you mitigate high exposures and build your workforce with benefits that help you stay competitive.
Legal Services Insurance for High Risk Exposures
Legal service providers face high exposure to professional liability, cyber breaches and regulatory scrutiny. NFP delivers tailored coverage for legal malpractice insurance, cyber liability, directors and officers and employment practices liability to protect reputation, client trust and firm continuity.
We help law firms, legal consultants, advisory firms and corporate legal departments with services and solutions such as:
Lawyers’ Professional Liability Insurance
Also called legal malpractice insurance, this protects against the legal, financial and reputational risks that come with providing legal services to clients.
Cyber Liability
Protection against breaches involving client data, confidential records and billing systems.
Directors and Officers Liability
Defense for firm leadership against governance or mismanagement claims.
Employment Practices Liability
Protection against workplace discrimination, harassment and wrongful termination claims.
Crime
Protects the organization from loss of money or property caused by employee dishonesty; through theft (either on premises or in transit), forgery and alteration; or via computer systems.
Fiduciary Liability
Protects the organization and its fiduciaries from losses resulting from the management of employee benefit plans (health and retirement).
Property and Business Interruption Coverage
Protection for offices, records and income disruptions.
Protect your law firm with tailored benefits and risk management.
Connect with an NFP specialist today.
Employee Benefits for Legal Services That Help You Compete for Top Talent
Law firms compete for talent, trust and time. NFP helps legal organizations align people strategy with cost control and compliance. We design integrated benefits, wellbeing and leadership programs that reduce burnout risk, improve retention and protect margins without sacrificing company culture.
Law firms face well-being pressures, hybrid-work complexity, high associate movement and rising cyber exposures. We help combat these hurdles with:
Medical and Rx Transparency Solutions
Many firms still lack line-of-sight into medical/Rx drivers and fiduciary obligations. Audits and PBM strategy can curb overspend while documenting prudence.
Executive/Partner Benefits
Supplemental retirement, deferred comp and retention designs that fit partner comp models and governance optics.
Well-being and Workload Support
High-performance environments need robust EAP, coaching and evidence-based burnout prevention tailored to billable demands.
Financial Wellness
Programs for associates and staff (debt, savings, equity/bonus guidance) to boost loyalty without raising base comp.
The Problem
A law firm with approximately 1,500 employees was receiving poor support from their incumbent employee benefits broker. Their client service expectations had not been met, and they did not receive any support from them navigating their employee wellbeing or communications.
The NFP Solution
After stepping in and conducting a thorough review of their policy, the NFP team found that the client had a $50,000 miscellaneous fund from their carrier that their previous broker had failed to inform them of or utilize. The team worked closely with the client’s HR department to implement a communication and employee wellbeing strategy that exceeded the client’s expectations.
“Do you have adequate coverage for partner and leadership liability? How would your firm recover from a major business interruption? No one wants to think about the worst-case scenario happening, but we partner with legal services firms to have a plan in place to protect their reputation, protect client relationships and ensure business continuity.”
Casey Stalter
Managing Director, Law Firm Practice
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See how our experts are implementing solutions for today's risk, workforce, wealth management and retirement challenges.
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We’re here for you, whether you know exactly what you need or just know you need a partner to help advocate for your business, your people or your life.
